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Posted on January 4, 2013 at 2:52pm
So who's to blame for those high gas prices at the pump? Obama? George W. Bush? Oil speculators?
But a much larger puzzle is America's energy resources and our energy policy. We talk with Dr. Daniel Fine, an associate with the New Mexico Center for Energy to get a handle on all of this.
What role do speculators have in the oil prices? Is it all just more of the "blame game" by Obama? But what role does he have in it?
And if Republicans are secretly hoping…
Posted on April 19, 2012 at 9:49pm
Nearly 40 years ago, when the first oil price shock from the Middle East and OPEC disrupted the American economy, North Carolina and Appalachia briefly became an oil and gas frontier. Following geological investigations, Chevron drilled an exploratory well in the Deep River Basin beneath Lee County, N.C. Oil was discovered at 5,000 feet, but it contained excessive paraffin and Chevron plugged the well.
It remains there today as a new natural gas and oil technology has emerged: the…Continue
Posted on March 27, 2012 at 4:07pm
Posted on March 6, 2012 at 1:07pm